robert. wrote:Not many people talking about Kodak's new deal.
Kodak has been pivoting to the chemical business for quite awhile. To be honest, they always had a sizable chemical operation, and as the camera business and its ancillaries declined, the chemical side came to the fore. This new deal will probably speed the already in-process transition.
There might be some confusion in these reports, however. Kodak had a big chemical operation that they spun off back in the early 1990s (Eastman Chemical). That's an independent company, not affiliated with Kodak. I'm wondering if that's the company that landed the big deal.
Nope, just checked...it looks like it's Kodak, looking to enter the pharma industry.